1082 Purpose of Refinance Code

Code identifying the reason a refinance is needed

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Type
Identifier (ID)
Length
Min 2 / Max 2
Codes
CodeDescription
01Cash
02Rate or Term Refinance or Both with No Cash Out
04Home Improvement
05Education
06Medical
11Debt Consolidation Refinance
12Debt Consolidation
13Change in Loan Type
14Other Refinance Purpose
25Rate or Term Refinance with Cash Out
ZZMutually Defined
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